Intercontinental Exchange’s Bakkt has always been one of the most awaited launch in the cryptocurrency space, mainly because it would be offering physically delivered Bitcoin Futures. Earlier today, Adam White, the COO of Bakkt, announced that they have acquired Digital Asset Custody Company [DACC] in order to provide better security to its customers, in an official blog post.
Adman White stated,
“It is with that same commitment to setting a new standard for securely storing digital assets that we’re excited to announce that we have acquired Digital Asset Custody Company (DACC). DACC shares our security-first mindset and brings extensive experience offering secure, scalable custody solutions to institutional clients.”
He further stated,
“As we look to scale and support custody of additional digital assets, DACC’s native support of 13 blockchains and 100+ assets will serve as an important accelerator, and we’re pleased to welcome Matthew Johnson, Adam Healy, and the entire DACC team to Bakkt.”
ambcrypto.com